Supplier Credit Insurance
Supplier credit insurance constitutes a specialised underwriting facility designed to safeguard high-value export contracts financed via multi-year credit structures. Utilising this configuration to insure accounts receivable derived from an export agreement can substantially facilitate international corporate expansion. The proffered solution mitigates credit risk by protecting the exporter against payment delays or wholesale non-payment by the foreign counterparty. Comprehensive insurance coverage is available for transactions spanning approximately 200 countries globally, subject to the prevailing state-backed underwriting policies of the Republic of Poland.
A mandatory covenant of this facility stipulates that the deferred payment terms (trade credit) extended for delivered commodities or services rendered must possess a maturity profile of two years or more. This requirement is dictated by the statutory necessity to align insurance premium rates with the harmonised tariff systems enforced by member states of the Organisation for Economic Co-operation and Development (OECD) that are signatories to the OECD Arrangement on Officially Supported Export Credits. Consequently, this financial product has been engineered exclusively for corporate entities executing large-scale export contracts for capital goods financed via credit facilities with an amortisation period of two or more years.
Application Path
- Navigate to the official KUKE website to find the precise institutional contact details designated for this specific financial instrument.
- Initiate formal communication with the authorised underwriting representatives of KUKE.